LISI GROUP - Integrated report 2023

34 2 0 2 3 I N T E G R A T E D R E P O R T STRATEGY Innovation Continuous efforts towards innovation, one of the pillars of LISI’s development, allow each of the Group’s divisions to operate at the highest level in their markets. The technological mastery offered by this innovation capacity constitutes an essential competitive edge. It is made possible by the commitment of all of the Group’s teams and allows major innovations to emerge, in particular technological breakthroughs in our production processes. € 32.3 M R&D EXPENDITURES 23 PATENTS FILED IN 2023* * Invention registered in the form of a soleau envelope or first patent filing.